# Zluri

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zluri

- Industry: Software
- Headquarters: Milpitas, US
- Website: www.zluri.com
- Total disclosed funding: $32M
- Latest round: Series B (Jul 13, 2023)
- Investors on record: 4

## About

Zluri Technologies Pvt. Ltd. is a US-based provider of a Next-Gen Identity Governance and Administration (IGA) platform, enhancing identity visibility and control for organizations through advanced automation and compliance features.Founded in 2020 and headquartered in Milpitas, US, Zluri Technologies specializes in identity governance solutions. The founding team includes Chaithanya Yambari, Ritish Reddy, Rohit R, and Sethu Meenakshisundaram. In July 2023, the company raised USD 20 mn in a Series B funding round led by Lightspeed Venture Partners, joined by Endiya, Kalaari Capital, and MassMutual Ventures, bringing the total amount raised to USD 20 mn across three deals.Zluri offers a Next-Gen Identity Governance and Administration (IGA) platform designed to enhance visibility and control over user identities and their access across various applications. The core product integrates a patented discovery engine that merges static identity attributes with dynamic activity data, allowing organizations to identify and remediate access risks in real time. Key functionalities include automated lifecycle management, streamlined access requests, and access reviews—all aimed at reducing the manual workload on IT teams while ensuring compliance with security standards. Zluri's user-friendly interface supports over 300 pre-built connectors, facilitating quick adoption across a diverse clientele that spans multiple industries, including technology, finance, and healthcare. The platform is predominantly marketed in North America, Europe, and Asia, targeting businesses operating in cloud environments and struggling with legacy IGA solutions.Zluri generates revenue primarily through subscription-based models for its IGA platform, where clients pay for access to the software and its associated services. Clients typically include mid to large-sized enterprises that utilize the platform to manage their identity governance needs, automate access provisioning and offboarding, and conduct compliance audits efficiently. The transaction structure emphasizes long-term B2B relationships, with various pricing tiers reflecting the scale of enterprise deployments and specific feature sets required by clients. Although specific pricing details are not disclosed, the structure supports customizable no-code access policies and extensive integrations, catering to the diverse needs of its user base and enhancing the overall value proposition of Zluri’s offerings.In July 2023, Zluri Technologies Pvt. Ltd. raised USD 20 mn in Series B funding, which will be utilized to support the growth of its platform and market expansion across the US and Europe. Future initiatives include upcoming enhancements to their IGA platform and targeted expansion into additional geographic regions to cater to a broader clientele. The company is focused on leveraging this funding to enhance product offerings and improve platform capabilities in line with market demands.

## Funding rounds

- Series B, Jul 13, 2023, $20M — Lightspeed Venture Partners, Kalaari Capital, MassMutual Ventures, Endiya
- Series A, Jan 10, 2022, $10M — Kalaari Capital, MassMutual Ventures, Endiya
- Seed, Jan 13, 2021, $2M — Kalaari Capital, Endiya

## Investors

- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Seed, Series A, Series B
- Endiya (https://capitalatlas.ai/funds/endiya) — Seed, Series A, Series B
- MassMutual Ventures (https://capitalatlas.ai/funds/massmutual-ventures) — Series A, Series B
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B